DON the big hats, pull on the silk stockings and get that lovely dress out of the wardrobe - it's almost Melbourne Cup time.

The Rotary Club of Coolangatta/Tweed will once again host a Melbourne Cup Day luncheon at the Twin Towns Services Club to do what they do best - raise funds for the community and, of course, have a good time in the process.

It's one of those times when these wonderful community volunteers get to kick up their heels for a good cause.

"It's great to have an excuse to get dolled up," said spokesperson for Rotary, Diana Traversi.

"It's one of those times when people on the Gold Coast and Tweed get out and have some fun.

"We're aiming for 300 people."

The three-course lunch comes with a complimentary drink.

Starting at 11am DST (10am Qld), there will be prizes for fashions on the field, with four categories.

With the usual sweeps, Calcutta and door prizes, it's a good bet that much fun will be had.

Tickets are $55, or $550 for a table of 10.

"The judging of fashion will take place in the Stars Lounge overlooking the river," Ms Traversi said.

"It promises to be a glamorous event."

For the serious punters there will be a mobile TAB.

Tickets can be purchased at the Twin Towns box office on 1800 014 014.